Quick heads-up in case you run in to this: I’ve been a good boy and used Starling’s Savings Pots to save money throughout the year for my ISA.
I tried to fund my Halifax ISA Share Dealing account today, and my card kept being declined.
It seems as though you can’t deposit more than £1k using your Starling card, but you can do seven transactions at £1k each.
It seems bonkers that I can’t spend the money in my account easily, but it is especially crazy that a £5k transaction is declined but 7 x £1k transactions in a minute are approved.
Starling say this is totally out of their hands and is something Mastercard have imposed on them. Hopefully as Starling become bigger Mastercard will let them have the same limits that banks like Santander and YBS have, which let 20k transactions go through.
Hopefully I can spend some more of my money tomorrow, before the end of the tax year. Like elections in Chicago, pay early and often!